For many lenders, once a deal goes on the books, it stays on, and at the same risk rating assigned at origination, regardless of what has happened to the borrower’s financial condition or the industry segment in which it operates. Portfolio managers often lack the time and resources to review updated financial statements and monitor payment performance of small business borrowers. Further, they lack the ability to forecast potential defaults at the borrower or portfolio level.
PayNet provides lenders the analytical and predictive tools to assess current and future borrower performance allowing portfolio managers to rerate monthly the entire client base, and to group the portfolio by level of risk at granularities greater than their own internal risk rating system.
Portfolio Analysis, Purchasing & Default Forecasting Products and Services: